PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2011

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If moire than one limit of insurance under this (1) immedlately send us copies of any policy and any endorsements attachied thereto demands, notices, summonses or applies to any claim or "suit", the most we Wil pay legal papers received in connection under this, policy and the, endorsements is thie with the claim or "suit"; single highest limit of liability of all coverages (2) Authorize US to obtain records and applicable to such claim or "sult". However, this other information; paragraph does riot apply to the Medical Expenses (3) Cooperate with us in the investigation, limit set forth in Paragraph 3. above. settlement of the claim or defense The Limits of Insurance of this Coverage Part apply against the "suit"; and separately to each consecutive annual period and to (4) Assist us, upon our request, in the any remaining period of less than 12 months, starting enforcement of any right against any with the begmningi of the policy period shown in the person or organization that may be Declarations, unless the policy i is extended liable to the insured because of injury after issuance for an additional period of less than 12 or damage to which this insurance months. In that case, the additional period will be may also apply. deemed part of the last preceding period for purposes d. Obligations At The Insured's Own Cost of determining the Limits of fturance. E. LIABILITY AND MEDICAL EXPENSES No Insured will, except at that insured's own cost, voluntarily make a payment, assume GENERAL CONDITIONS any obligation, or incur any expense, other 1. Bankruptcy than for first aid, wfthiout our consent. Bankruptcy or insolvency of the insured or of e. Additional Insured"s Other Insurance the insured's estate will not relieve us of our If we cover a claim or "suit" under this obligations under this Coverage Part. Coverage Part that may also be covered 2. Duties In The Event Of Occurrence, by other insurance available to an Offense, Claim Or Suit additional insured, such additional insured a. Notice Of Occurrence Or Offense must submit such claim or "suit" to the other insurer for defense and indemnity. You or any additional insured must see to However, thus provision: does not apply to it that we are notified as soon as "occurrence" the extent that you have agreed in a practicable of an or an written contract, written agreement or offense which may result in a claim. To permit that this insurance is primary and permit the extent possible, notice should include-. with the additional (1) How, when and where the "occurrence" insured's own !insurance. or offense took place; f. Knowledge Of An Occurrence, Offense, (2) The names and addresses of any Claim Or Suit injured persons and witnesses; and Paragraphs a. and b. apply to you or to (3) The nature and location of any injury any additional insured only when such or damage arising out of the " "occurrence " "" offense, claim or "suit" is 1"occurrence" or offense. known to: b. Notice Of Claim (1) You or any additional insured that is If a claim is made or "suit" is brought an individual; against any insured, you or any additional (2) Any partner, if you or an additional insured must: insured is a partnership; (1) Immediately record the specifics of the (3) Any manager, if you or an additional claim or "'suit" and the date received-, insured is a limitiedi liability company; and (4) Any "executive officer" or insurance (2) Notify us as soon as practicable. managier, if you or an additional You or any additional insured must see to insured is a corporation; it that we receive a written notice of the (5) Any trustee, if you or an additional claim or "suit" as soon as practicable. insured is a trust; or c. Assistance And Cooperation Of The (6) Any elected or appointed official, if you Insured or an additional insured is a political You and any other involved insured miust: subdivision or public entity. Form SS 00 08 04 05 Page 15 of 24 CEF.- TVC"r- 1X%1JW Sh�lff41 y0l _. DT a�^o 7 17